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TITLE
"Rent Seeking and Insurance Education: An Empirical Test," Journal of Insurance Issues, Johnson, Gordon D., J. J. Launie, and G. Michael Phillips, January 1987, Vol. X., No. 1: 47-52.

ABSTRACT
The market for insurance education functions much as any other market. Where there is excess demand for insurance courses, administrators respond by adding classes. When there is inadequate demand, courses are dropped. With this in mind, insurance education is flourishing at some universities, and languishing at others. This paper describes a simple rent-seeking model which associates the real compensation to insurance professionals with corresponding insurance enrollments.